Monthly supportPrice just landed on a monthly support. Earnings coming on Jan 27. It highly possible that the price will test the resistance at 16.8. SL triggers if a weekly candle breaks down the support closes under it.
Testing
Reopening tradeIt has more downside. See my previous post. Is testing the broken support now resistance and looks very weak.
EURUSD Testing Strong Support ZONE Near 1.0700EURUSD Testing Strong support zone near 1.0700
EURUSD is currently testing strong support zone near 1.0680:1.0700.
This area seems poised to push the price up again in the coming days making it a potential shortterm trade opportunity.
The US will release the consumer price index CPI data on wednesday so the market is likely to speculate again .
The US consumer price index YOY For October is expectedto be 2.6 percentage vs 2.4 percentage the previous month.
Energy YOY for October is expected to remain 3.3 percentage.
You mayfind more details in the chart thankyou and Good luck
Second opportunityThe market is giving us another opportunity to buy this. Price is testing the broken resistance (important one) now support. Highly volatile trade, so just hold. SL triggers if a weekly candle closes below the support breaking it.
I'm buying thisI missed the dip but still time to buy this. If it pulls back I'll buy more. It's testing the demand zone after break out. Was consolidating since 10/2023. Is not done going up.
Is going to flyPrice is testing the broken support. Looks like a double bottom in the monthly timeframe at early stage. SL triggers if a daily candle closes below this week lowest price. Even so there is a support at 4. I would add actually depending on how the price is moving.
Bitcoin Testing and Testing Demand ZoneBitcoin is once again seeking to fall into our equilibrium zone (purple zone). Bitcoin has tested this zone several times, and if we look at the overall structure, Bitcoin continues to bounce within a range.
Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones.
Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
In case you want to short somethingHS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
CSP RokuI expect the 73 support level to hold. Even Price can test again the 80 level. If it keeps going down I'll sell more CSP.
I'm going to short thisSee the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to use it in my favor.
[AUDIOUSDT] - it's matter of time for bullish rally🔥🔸AUDIO looks promising for weekly chart
🔸Long time of accumulation (581 D)
🔸Under testing of neckline of Adam and eve pattern.
🔸Still Valid for entry now.
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It's going for moreInverted HS confirmed. I sold CSP 12.32 exp 03/01 also buying the stock is a good move. SL triggers if it breaks down the support and closes under it.
CSP HALOil is looking strong, and oil stocks are going to catch up very quickly. I'm selling CSP as shown, you can also buy the stock. It has strong support underneath and it looks like the price is going to test the upper vertex again.
Leg outLower vortex broken in the weekly timeframe and now testing the broken support. This is going down. SL triggers if a weekly candle closes within the triangle, a big fat green one. Otherwise I hold.
Rounding bottom Rounding bottom formation since September 2022. Is testing the broken resistance, if it breaks down to the next support I would buy more. Is a highly volatile stock, set your risk reward accordingly.
Failing testThe double top is confirmed, now the pair is testing the broken neck. There is too much resistance above, It´s most likely to drop down to the next support level 1.997.
Going for another pokeThe pair bounced off nicely from the support area, and now is heading to test the 1.5 resistance again. I don't think is going to break it this time but looks like is going to try. Also has formed a rounding bottom in the daily timeframe.
It's a good time short thisPrice is testing the broken support area now resistance. Aussie is getting stronger across the board, I expect another test to the 1.86 support zone. We can also notice a HS confirmed so the pair could fall even more to 1.82 zone.
Double top - PutsI bought a bunch of puts on this one. Market still on correction. Double top confirmed, testing the broken support and failing.
Support held during sell offI like how the support held during the sell off last week. Start with a small position, it may take a few days to consolidate before going higher. Also it can pull back during consolidation.
SL below the right shoulder, wait for the weekly candle to close. Calls options are not expensive and always a good option with high volatility stocks like this one. But give it time, expiration 2 months from now.
I'm going to start shorting thisThe double top broke down the uptrend line and now the pair is testing the broken support zone. It has heavy resistance above, the trendline and broken neck of the double top. Give it a wide SL, it may try to test both, I'll add at every attempt to break up. I don't think is coming back before touching the support blue line.
Puts SPYBought a bunch of puts, I think is going to fail the test of the resistance. I don't risk too much with options, my risk reward is 3 to 1.
Testing broken support - Triple topThe pair is testing the broken support now resistance. I expect a rejection soon, it also has another resistance above: the bottom of the channel. It may try to test it. My SL triggers if the pair break up the horizontal resistance and a daily candles closes above it.
